GoldenTree taps PNC alumni Punhani for private credit team
GoldenTree has hired Avineet Punhani as a principal on the firm's private credit team as the asset managers seek to grow the business

Davis Polk hires three fund formation lawyers from Debevoise
Law firm Davis Polk is growing its investment management practice with the addition of three new partners joining in New York

Credit funds at a glance
Top performers, recent hires and recent fundraising

Paul Hastings hires structured finance partner in London
Paul Hastings has hired a new structured finance lawyer who specializes in bespoke asset-backed finance transactions

Churchill hires from FS Investments to grow wealth channel
New York-headquartered Churchill Asset Management has hired a new managing director and head of investor relations, retail & wealth 

New direct lending business formed after management buyout
503 Capital Partners, a new direct lending business, has been formed as part of a management buyout of Tortoise Capital Advisor's private credit arm

Star Mountain hires Fortress alumni in scaling strategy
Star Mountain Capital, a lower middle market direct lending firm, has hired a new strategic portfolio officer

Cahill Gordon & Reindel turns to buy-side for new co-head of private credit
The latest people move in private credit was something rare – a move from a senior role on the buy-side back to a law firm 

Cheyne Capital hires head of origination
Cheyne Capital Management has hired a new managing director, head of origination and trading, for the firm's strategic value credit unit

Carlyle direct lending origination head jumps to Apollo
The head of origination and sponsor coverage for Carlyle’s direct lending business has joined Apollo, becoming the latest in a string of executives exiting the alternative asset manager

ORIX USA realigns private credit business with addition of BlackRock exec to team
ORIX Corporation USA has hired a BlackRock alumni as group head of direct lending, as the asset manager revamps its private credit business

Morgan Lewis hires funds formation lawyer in New York
Law firm Morgan Lewis has hired a new private funds Partner in New York from Schulte Roth & Zabel

Crescent Capital shakes up senior-leadership team
Los Angeles-based alternative credit specialist Crescent Capital Group is updating its senior-leadership team with several key promotions

17Capital opens offices in Dubai as demand for NAV financing grows
A growing global appetite for NAV finance has prompted London-headquartered credit specialist 17Capital to open a new office in Dubai

Crowell & Moring hires funds formation lawyer in New York
Christopher Mendez will serve as senior counsel in the firm's financial services group.

Briarcliffe hires Morgan Stanley alumni
A new executive director has been hired at Briarcliffe Credit Partners, a placement agency that works exclusively with private credit

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

BlackRock hires Goldman Sachs alumni for senior private debt role
BlackRock has hired a former Goldman Sachs veteran as co-head of private debt origination in France and head of origination in Spain

Paul Hastings taps nine attorneys from King & Spalding team
Paul Hastings has upped the ante on its expansion plans in the world of private credit and restructuring by hiring nine seasoned attorneys from King & Spalding

Sycamore Tree hires Mizzen Capital’s Head of Business Development
Sycamore Tree has expanded its business development team with the addition of an ex-Mizzen Capital industry veteran

Dechert hires Fried Frank private credit lawyer
Dechert has hired a private credit and funds formation expert as a partner in the firm's financial services practice group

Private credit veteran returns to Barings
Barings is rebuilding its private credit team with the return of a veteran private credit alumni as a managing director in its global private finance group

Fidelity U-turns on European direct lending strategy as it ditches origination in favour of third-party partnerships
Fidelity International is cutting its direct lending division in Europe, and will instead partner with third parties to offer private credit solutions going forward

Investec Bank launches private credit management team
London-headquartered Investec Bank is growing its direct lending platform with the launch of a new private credit management team

Colbeck Capital hires new head of originations
Middle market manager Colbeck Capital Management has hired a new managing director and head of originations